Saturday, October 30, 2010

ST.com News: Healthy Savings

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Oct 31, 2010
ST.com News: Healthy Savings

CASE 1

Mr Henry Tay (not his real name), in his 40s, was admitted for spinal surgery owing to lumbar prolapsed disc in the middle of this year.

He spent three months in a Class A ward at Mount Elizabeth Hospital.

In 2008, he had bought a Medisave-approved integrated Aviva MyShield plan as well as a rider - MyShield Plus - which covers the co-insurance component.

The annual premium for his Shield plan is $480, payable by Medisave. He pays another $145 in cash for the rider.

His total hospitalisation bill of $203,000 comprised:

Room and board: $91,000

Surgeon fee: $27,000

Doctor attendance fee: $51,000

Other inpatient costs: $34,000

...

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